5773 Leonard Ave is a 3-bedroom, 3-bathroom detached home in Niagara Falls, listed for $590,000. It has 1500-2000 sq ft of living space.
1Complete with its own **separate entrance and a second full kitchen**, the basement is ideally set up as a private suite for extended family, adult children, or as a strong income-generating rental.
2You have to see this place to believe it !
3BasementFull, Finished with Walk-Out, as described in the listing.
**Welcome to 5773 Leonard Avenue** - a fully upgraded, move-in-ready home in one of Niagara Falls' most convenient and sought-after neighbourhoods.This exceptional property offers **four finished floors of living space**, thoughtfully designed for modern living, multi-generational comfort, and impressive flexibility. With **3+1 bedrooms, 3 full bathrooms, and main floor 2 piece **, the layout delivers both style and practicality.What truly distinguishes this home is the **self-contained in-law suite in the lower level**. Complete with its own **separate entrance and a second full kitchen**, the basement is ideally set up as a private suite for extended family, adult children, or as a strong income-generating rental. A **second laundry hook-up** in the basement adds further convenience and independence for suite occupants.Upstairs, the main living areas flow beautifully, while the **second-floor laundry** keeps daily routines efficient and private for the primary household. Two full kitchens - one on the main level and one in the lower suite - make multi-generational living or house-hacking seamless and comfortable.Major updates completed within the last three years (furnace, central air, roof, siding, and windows) mean the heavy lifting has already been done. You can move in with complete confidence and enjoy worry-free living from day one.Set on a generous lot in a well-established neighbourhood, you're just minutes from schools, shopping, parks, transit, and all of Niagara Falls' key amenities.Whether you're seeking a turnkey family home with room for everyone, a private space for parents or adult children, or a smart investment with built-in rental potential, this has it all - space, function, style, and opportunity. You have to see this place to believe it !
3 bedrooms, 3 bathrooms, about 1,500 sq ft, works out to roughly $393 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 5773 Leonard Ave
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
1500-2000 sq ftas stated on the listing
Parking
5 spacesYes garage
Basement
Full, Finished with Walk-Out
Features & systems
Parking & garage
Garage
Yes
Parking spaces
5
Interior
Basement
Full · Finished with Walk-Out
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
5773 Leonard Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14146670$590,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 5773 Leonard Ave Compares to the Niagara Falls Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,898
/mo
based on the purchase price of $590,000
$118,000 cash
$472,000 financed
$397,548 total interest
Principal54%$472,000
Interest46%$397,548
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Niagara Falls
Other 3–4 bed homes for sale in Niagara Falls around $590K.
Average days on market45Homes sold in about 45 days on average.
Sale-to-list ratio96.5%On average, homes sold below asking.
Active listings685Homes for sale here right now.
Median vs prior 90 days+5.2%Compared with May 8 – Aug 6, 2026: prices up.
Based on 449 sales from Aug 6 – Nov 4, 2026 (294 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 5773 Leonard Ave
How much is 5773 Leonard Ave listed for?
5773 Leonard Ave is listed at $590,000 (MLS® X14146670). Summitly updates the price as soon as the MLS® record changes.
Is $590,000 a good price for 5773 Leonard Ave?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Niagara Falls. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 5773 Leonard Ave changed?
No — 5773 Leonard Ave is still listed at its original asking price of $590,000.
How many bedrooms and bathrooms does 5773 Leonard Ave have?
5773 Leonard Ave has 3 bedrooms and 3 bathrooms, with about 1,500–2,000 square feet of living space. It is a detached home in Niagara Falls.
How much would the monthly mortgage be on 5773 Leonard Ave?
About $2,898 a month — principal and interest on $590,000 with 20% down ($118,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 5773 Leonard Ave compare with other homes in Niagara Falls?
Its asking price of $590,000 is about 3% above the median sold price in Niagara Falls over the last 90 days, $572,500, across 449 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 5773 Leonard Ave been sold before?
Summitly has no earlier MLS® sale or lease of 5773 Leonard Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 5773 Leonard Ave?
5773 Leonard Ave is in Niagara Falls, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 5773 Leonard Ave been on the market?
2 days — 5773 Leonard Ave was listed on November 2, 2026.
What is the price per square foot of 5773 Leonard Ave?
About $295 to $393 per square foot: the asking price of $590,000 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 5773 Leonard Ave have parking or a garage?
Yes — the listing gives 5 parking spaces. Garage: Yes.
Does 5773 Leonard Ave have a basement, and is it finished?
The listing describes the basement as: Full, Finished with Walk-Out.
